Filing for bankruptcy in your twenties can be painful and a bit intimidating. With the exorbitant costs of higher education and expensive housing, even millennials may have to consider a new beginning. Taking the right steps can help you towards building a positive financial future as you make better decisions.
Hire the right attorney. Your bankruptcy attorney will be taking a look at sensitive information regarding your finances. The majority of attorneys will offer a free consultation and you should take this opportunity to ask as many questions as necessary. Who can you call if you have concerns? Does the attorney have experience with your type of case?
Think ahead. Your life post bankruptcy will likely be different than that of an older person. You’ll have many years to rebuild your financial future and practice living as debt free as possible. A professional bankruptcy attorney cares not only about helping you file your case, but also in helping you make wiser decisions.
Learn from your mistakes. The only way you’ll avoid making the same decisions that lead you to bankruptcy is to take some time and learn from the past. Strongly consider creating a budget, pay your credit card bills in full each month, do what you need to do so you don’t fall back into the same bad financial habits.
This information is provided by Miami bankruptcy lawyer Alonso, Perez & Santos, LLP. Our areas of practice include bankruptcy, insurance litigation, debt harassment, credit card defense, foreclosure defense, immigration law, condominium law, business start-ups, and more. Call 305-676-7545 to speak with a Miami bankruptcy attorney receive a free consultation. We look forward to working with you.
This information is provided for educational or informational purposes only and should not be construed as legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice.